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GAEKE, LORETTA UNIT

Gaeke, Loretta Unit is an oil lease in Lee County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.

1 well

986bbl oil, last 12 months−28% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Lee County
Field
Giddings (Austin Chalk-3)
RRC lease
03-14702

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Where it sits

This county

Lee CountyLeeWilliamsonBastropWashingtonBrazosBurlesonAustinMilamLee County
Lee County
Gas, last 12 months
2,681 mcf
Oil in Jul 2026
118 bbl

Production by month

Oil output fell 28% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 28% over the last 12 monthsMonthly oil production and gas for GAEKE, LORETTA UNIT, Aug 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 986 bbl in the 12 months through Jul 2026, against 1,360 bbl in the 12 months before.Last 12 months: 986 bblbbl per monthmcf per month001002502005003007504001,0005001,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 28% over the last 12 monthsMonthly oil production and gas for GAEKE, LORETTA UNIT, Aug 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 986 bbl in the 12 months through Jul 2026, against 1,360 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001002502005003007504001,0005001,250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

All of the gas went to a transmission line in the last 12 monthsShare of GAEKE, LORETTA UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of GAEKE, LORETTA UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in Aug 2025

Operators of this lease over timeDallas Petroleum Group, LLC, Jan 2020 to Jul 2025; Magnolia Oil & Gas Operating LLC, Aug 2025 to Jul 20262020202120222023202420252026Changed Aug 2025Dallas Petroleum Group, LLCJan 2020 to Jul 2025Magnolia Oil & Gas Operating…Aug 2025 to now
Operators of this lease over timeDallas Petroleum Group, LLC, Jan 2020 to Jul 2025; Magnolia Oil & Gas Operating LLC, Aug 2025 to Jul 20262020202120222023202420252026Changed Aug 2025Dallas Petroleum Group, LLCJan 2020 to Jul 2025Magnolia Oil & Gas Operating LLCAug 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on GAEKE, LORETTA UNIT
API numberWell no.Status
42-287-309511Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Mar 1, 2022–
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017–
Enterprise Crude Oil LLCOilGathers50Feb 1, 2014Mar 1, 2022
Genesis Crude Oil, L.p.OilGathers50Jan 1, 2013Mar 1, 2022

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

322.17 acres on the newest permit

A pooling certificate was filed

Permits for Gaeke, Loretta Unit
API numberWell no.Acreson the permit
42-287-309511322.17

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

What Magnolia Oil & Gas Corporation told investors it received

Magnolia Oil & Gas Operating LLC is linked to Magnolia Oil & Gas Corporation (MGY).
Realized prices reported by Magnolia Oil & Gas Corporation
QuarterOil$ per bblFiling
Q2 2026$98.13SEC filing
Q1 2026$70.29SEC filing
Q3 2025$63.55SEC filing
Q2 2025$62.20SEC filing
Q1 2025$69.81SEC filing
Q3 2024$74.23SEC filing

SourceMagnolia Oil & Gas Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for GAEKE, LORETTA UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Magnolia Oil11895725720$80.46$2.89
Jun 2026Magnolia Oil1291836966960$84.81$3.15
May 2026Magnolia Oil1721877527520$102.13$2.94
Apr 2026Magnolia Oil1831915815810$100.32$2.77
Mar 2026Magnolia Oil12818632320$91.38$3.04
Feb 2026Magnolia Oil00000$64.51$3.62
Jan 2026Magnolia Oil724880$60.04$7.72
Dec 2025Magnolia Oil68186880$57.97$4.26
Nov 2025Magnolia Oil490440$60.06$3.79
Oct 2025Magnolia Oil41210100$60.89$3.19
Sep 2025Magnolia Oil00000$63.96$2.97
Aug 2025Magnolia Oil2610918180$64.86$2.91
Jul 2025Dallas Petroleum1071822962960$68.39$3.20
Jun 2025Dallas Petroleum15471,0071,0070$68.17$3.02
May 2025Dallas Petroleum3233569469460$62.17$3.12
Apr 2025Dallas Petroleum18115150$63.54$3.42
Mar 2025Dallas Petroleum21660$68.24$4.12
Feb 2025Dallas Petroleum50000$71.53$4.19
Jan 2025Dallas Petroleum13145000$75.74$4.13
Dec 2024Dallas Petroleum10424644640$70.12$3.01
Nov 2024Dallas Petroleum1561997847840$69.95$2.12
Oct 2024Dallas Petroleum1232008538530$71.99$2.20
Sep 2024Dallas Petroleum2521901,0781,0780$70.24$2.28
Aug 2024Dallas Petroleum1031801471470$76.68$1.99
Jul 2024Dallas Petroleum15434054050$81.80$2.07
Jun 2024Dallas Petroleum10218719190$79.77$2.54
May 2024Dallas Petroleum9013130$80.02$2.12
Apr 2024Dallas Petroleum4512162160$85.35$1.60
Mar 2024Dallas Petroleum1311835375370$81.28$1.49
Feb 2024Dallas Petroleum1092016316310$77.25$1.72
Jan 2024Dallas Petroleum1931848668660$74.15$3.18
Dec 2023Dallas Petroleum36035350$71.90$2.52
Nov 2023Dallas Petroleum1551845745740$77.69$2.71
Oct 2023Dallas Petroleum14203863860$85.64$2.98
Sep 2023Dallas Petroleum621841551550$89.43$2.64
Aug 2023Dallas Petroleum1661795445440$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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This lease belongs to

OperatorMagnolia Oil & Gas Operating LLCFieldGiddings (Austin Chalk-3)CountyLee County

Magnolia Oil & Gas Operating LLC in Lee County

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